SriKonomics has long maintained that continued monetary stimulus from the Federal Reserve is largely attributable to two factors — the central bank having boxed itself into that position to support equity investors, and absence of other arrows in its quiver. Both were manifested, perhaps unwittingly, in statements by leaders of the Fed and Treasury on Thursday.
Inflation? Market Has No Fears (For Now)
Inflation? Market Has No Fears (For Now)
Inflation? Market Has No Fears (For Now)
SriKonomics has long maintained that continued monetary stimulus from the Federal Reserve is largely attributable to two factors — the central bank having boxed itself into that position to support equity investors, and absence of other arrows in its quiver. Both were manifested, perhaps unwittingly, in statements by leaders of the Fed and Treasury on Thursday.